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15 Climate Tech Companies to Watch - MIT Technology Review

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15 Climate Tech Companies to Watch in 2023 | MIT Technology Review

15 ClimateTech Companies to Watch

From nuclear fusion to cow-free burgers, these businesses have the best shot at making a difference on climate change.

Fervo Energy

The Spark

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H2 Green Steel

Commonwealth Fusion Systems

Climeworks

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Form Energy

Sublime Systems

Blue Frontier

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About The List

15 Climate Tech Companies to Watch

MIT Technology Review’s 15 Climate Tech Companies to Watch highlights startups and established businesses that our editors think could have the greatest potential to substantially reduce greenhouse-gas emissions or otherwise address the threats of global warming. Learn more about how we chose the list.

Credits

EditorialSpecial projects editor: Amy Nordrum

Climate team: Casey Crownhart, James Temple

Editing: Niall Firth, Mary Beth Griggs, Mat Honan, Amy Nordrum, David Rotman, Amanda Silverman

Copy editing: Linda Lowenthal, Tim Maher, Sara Shay

Art direction: Stephanie Arnett

Engagement: Juliet Beauchamp, Abby Ivory-Ganja

Fact checking: June Kim, Abdullahi Tsanni

TechnologyLead developer: Andre Vitorio

Design: Vichhika Tep, Mariya Sitnova

Product: Mariya Sitnova, Allison Chase

CTO: Drake Martinet

Special thanksDanny Cullenward, Rebecca Dell, Grace Donnelly, Jeffrey Grossman, Benjamin Joffe, Shayle Kann, Ilaria Mazzocco, Andre Miceli, Kike Miralles, Tedd Moya, Motoki Kobashigawa, Francesco Pontorno, Yang Shao-Horn, Rachel Slaybaugh, Evelina Stoikou, Kentaro Yoshioka, Kim Zou

Related Knowledge Center: Climate economics

State of Play

Climate change is now a driver of the world’s economy. The impact is profound:

  • Catastrophic weather events — hurricanes, floods, droughts, high temperatures — are more frequent and more extreme. The cost can be measured in both the initial damage caused and the longer-term impact on the economy.
  • Vulnerable communities are increasing climate-related investments, hardening infrastructure and taking other protective measures.
  • Investment in carbon capture and storage technologies is increasingly rapidly.
  • Governments are making investments and crafting regulations to reduce emissions of carbon dioxide and other greenhouse gases. 

On top of all of this is the cost of uncertainty. As the Fourth National Climate Assessment, released in 2018 by the U.S. Global Change Research Program, says, “The assumption that current and future climate conditions will resemble the recent past is no longer valid.”

More informationabout Climate economics